Code 846 on Transcript but Where's My Refund Still Shows Processing After 3 Months - When Will I Get My Deposit?

Just checked my transcript and saw code 846. Been waiting since February when I filed. Does this mean I'm close to getting my refund? My WMR still shows processing but the transcripts updated overnight. I logged into the IRS website to check my Where's My Refund status at sa.www4.irs.gov/wm and I'm seeing conflicting information that's confusing me. The WMR tool shows: Refund Status Results: - Return Received: ✓ - Refund Approved: ✗ - Refund Sent: Not checked yet And it displays the message: "Your return has been processed and refund amount approved. We have received your tax return and it is being processed." Then it says "If you filed a complete and accurate tax return, your refund should be issued within 21 days of the received date. However, processing may take longer under certain circumstances." But this doesn't make sense because it shows my refund isn't approved yet says it's been processed and approved in the same screen? Meanwhile my transcript shows code 846 which I thought means the refund is approved and coming soon. Has anyone else experienced this disconnect between their transcript showing 846 but WMR still showing processing? I've been waiting since February (over 3 months now) and I'm really anxious to get my refund.

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26 comments

Mateo Rodriguez

•11M

Hey there! Tax pro here. When you see code 846 on your transcript, thats actually great news! It means the IRS has scheduled your refund for deposit. Generally, you'll receive your refund within 5-7 business days after seeing this code. However, bank processing times can vary. If you want a super detailed analysis of your transcript and exact timing, check out taxr.ai - it's helped a ton of people in this community understand their exact refund timeline and any potential holdups. Really takes the guesswork out of the whole process.

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